Re:Nearly 8M Americans have fallen into poverty since summer
by ssully on Wednesday December 16, 2020 @02:08PM
(#25446958)
Real estate prices are absolutely not going down. There was a dip at the onset of the pandemic, but prices started going back up in May and normalized over the summer.
There is speculation house prices will continue to rise into next year due to supply constraints (new house construction slowed from March-May and is still recovering, houses that do on the market are picked up quick, etc), but we will see how it plays out.
There is speculation house prices will continue to rise into next year due to supply constraints (new house construction slowed from March-May and is still recovering, houses that do on the market are picked up quick, etc), but we will see how it plays out.
[1]: https://fred.stlouisfed.org/series/ASPNHSUS